State Champ Radio Business
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A federal judge will sentence R. Kelly for his Chicago convictions of child pornography and enticement of minors for sex on Thursday (Feb. 23), when the 56-year-old singer will learn if he must spend the rest of his life behind bars or if he will have some hope of getting out.
The central question for the judge at the hearing in Kelly’s hometown of Chicago is whether to heed prosecutors’ request to order that Kelly serve a new sentence only after he completes his 30-year term imposed last year in New York for racketeering and sex trafficking.
A sentence that Kelly must serve consecutively would be tantamount to a life sentence.
Prosecutors acknowledge that a lengthy term served after the New York sentence would practically erase any chance of Kelly ever leaving prison alive. They say the Grammy Award-winner’s crimes against children and his lack of remorse justified that.
They recommend a 25-year sentence served consecutively. That would make him eligible for release in 2066, a year shy of his 100th birthday. The defense wants a sentence of around 10 years, served simultaneously.
If the judge does let Kelly serve his new sentence simultaneously with the New York sentence, he will serve no more than the 30 years and should be eligible for release at around age 80 — providing him some hope of one day resuming life outside prison.
Jurors in Chicago convicted Kelly last year on six of 13 counts — three counts of producing child porn and three of enticement of minors for sex. Kelly was acquitted of the marquee count, alleging he successfully rigged his 2008 state child pornography trial.
Kelly rose from poverty in Chicago to become one of the world’s biggest R&B stars. Known for his smash hit “I Believe I Can Fly” and for sex-infused songs such as “Bump n’ Grind,” he sold millions of albums even after allegations about his abuse of girls began circulating publicly in the 1990s.
In presentencing filings, prosecutors described Kelly as “a serial sexual predator” who used his fame and wealth to reel in star-struck fans to sexually abuse and then discard them.
Kelly’s lawyer, Jennifer Bonjean, accused prosecutors of offering an “embellished narrative” regarding Kelly and seeking to get the judge to join what she called the government’s “blood-thirsty campaign to make Kelly a symbol of the #MeToo movement.”
Bonjean said Kelly has suffered enough, including financially. She said his worth once approached $1 billion, but that he “is now destitute.”
SYDNEY, Australia — Brendon Bainbridge is leaving TEG after 17 years, the past six of those leading the live entertainment, ticketing, digital and data giant’s activities in Asia.
Bainbridge has been “an asset to TEG from day one and I want to personally thank him for his friendship, commitment, loyalty and immense efforts in successfully launching TEG in Asia,” comments TEG CEO Geoff Jones in a statement announcing the move.
During his six-year stint as managing director, Asia, “Brendon has grown the business in the region, leading through the pandemic, the entertainment and ticketing industry’s most challenging period in recent times, positioning TEG Asia to now capitalize on a wealth of opportunity in the region,” adds Jones.
Before making the move to Singapore, Bainbridge served for 11 years as managing director of Ticketek New Zealand.
Bainbridge is leaving to go live in Colorado, according to the company, and TEG is working on opportunities for him to continue working with the company after his relocation.
His successor at TEG is Timothy Ho, who is named as managing director, Asia, and has worked closely with Bainbridge for the last year, creating what should be “seamless transition for our business in the region,” enthuses Jones.
The incoming chief has 15 years’ experience in live entertainment and ticketing prior to joining to TEG, and was a “clear choice to step into the role,” says Sydney-based Jones.
The region, notes Ho, “is at the forefront of every major discussion now for live entertainment and ticketing – it’s a great time to be stepping into this leadership role and fulfilling TEG’s long-term vision and commitment to Asia.”
Currently, the TEG empire includes TEG Live, TEG Sport, TEG Experiences, TEG Dainty, SXSW Sydney, TEG MJR, TEG Van Egmond, Laneway Festival, FAN+, Handsome Tours, Qudos Bank Arena and ticketing giant Ticketek, a multiple winner at the 2022 Ticketing Business Forum international awards in Manchester, England.
In other news, TEG’s owners are reportedly preparing for an auction process.
In one article published last month in the Australian Financial Review, TEG is said to be pitched to big global buyout funds as “a unique business worldwide,” one that has expanded its footprint in recent years.
Another tale which ran in The Australian, suggested a sale process for the group could kick off this April, with investment bank Jefferies tapped to facilitate.
TEG was acquired in 2019 by Silver Lake, the U.S.-based private equity company which specializes in technology investing. Financial terms weren’t revealed, but sources say TEG carried a price tag of $1 billion-plus.
A spokesman did not respond to requests for comment.
After Bonnie Raitt’s “Just Like That” won the Grammy Award for song of the year, her team put out a shorter radio edit of the tear-jerking ballad — and then proceeded to do almost no further radio advertising or promotion.
“I’m afraid the song is not something we feel an aggressive marketing approach fits,” Kathy Kane, Raitt’s manager, says by email. “We didn’t put it forth as a single with a specific [radio] impact date aggressively going for ads. We are simply here to support those interested in the song.”
The lack of a radio strategy around “Just Like That” is distinct from the strategy around the album, which has the same title. A year ago, before Raitt put out the album on her own label, Redwing Records, she attended a Zoom video call with programmers as part of a marketing campaign to extend the rock, pop and blues star’s long history of radio hits. The strategy worked: Just Like That made its debut last May at No. 1 on several Billboard charts, including Top Current Album Sales, and hit No. 6 on Top Rock Albums.
But when “Just Like That” won song of the year, Raitt’s team opted for a low-key promotional effort for the country-leaning ballad about a woman who loses her son and falls in love with the man who received his heart. While the song topped Billboard’s Rock Digital Song Sales chart and hit No. 6 on Digital Song Sales the week after the Grammys, radio spins increased from just 27 to 41 over the past week.
That said, some influential radio programmers are working to boost the airplay.
“Hopefully, I can be the station that breaks these records so other stations can follow,” says Dan Mathews, program director for Top 40 stations Rhythm 105.9 in Sacramento, Calif., Jamz 99.3 FM in Salina, Kan., and Hitz 90.5 in Edgar, Neb., all of which now air “Just Like That” every two hours. “Our listenership has gone up just playing that record.”
The low-key approach has had sporadic success elsewhere. Dennis Constantine, a longtime adult album alternative programmer, added two or three “Just Like That” spins per day to 92.5 the River in Boston and The Point in Burlington, Vt. (They play the original version, not the shorter radio edit.) “We were playing other tracks off the album, and when that won best song of the year, we started playing it everywhere,” says Constantine, program director for the two stations and a consultant for another in Flagstaff, Ariz. “It makes sense. She’s a legend in our format.”
SM Entertainment’s revenue in 2022 grew 18.7% to 848.3 billion won ($657 million at the average 2022 exchange rate) in 2022, the Korean music company announced Monday. Gross profits rose 15.4% to 297.5 billion won ($230 million), operating profit fell 3.7% to 93.9 billion won ($73 million) and operating margin dropped from 13.6% to 11.1%.
The K-pop company’s roster includes NCT Dream, NCT 127, Aespa and Red Velvet. NCT Dream had the fourth most album sales of any artist in Korea in 2022 with 4.1 million units. Red Velvet was the No. 9 artist with 2.4 million units, NCT 127 was No. 11 with 2.2 million units and Aespa was No. 13 with 1.8 million units.
In the U.S., NCT Dream reached No. 39 on Billboard’s Artist 100 chart in April 2022, while the group’s album Glitch Mode peaked at No. 50 on the Billboard 200 album chart. NCT 127’s latest album, 2 Baddies, peaked at No. 3 on the Billboard 200 in October.
Although SM Entertainment’s largest source of revenue, recorded music, declined 3.7% in 2022, gains in other parts of the business made up for the loss: Concerts jumped tenfold from a pandemic-led slowdown, licensing climbed 62.2% and appearances jumped 48.1%.
In the fourth quarter, SM Entertainment’s revenue rose 7.7% to 256.4 billion won ($188.6 million at the quarter’s average exchange rate). Operating profit rose 70.3% to 25.2 billion won ($18.5 million) and operating margin improved 9.8% from 6.8% in the prior-year period. Net profit fell 72.7% due in part to the sale of real estate in the fourth quarter of 2021 for 19.7 billion won ($14.5 million). The company also experience 7.5 billion won ($5.5 million) of foreign-currency-related loss in the quarter.
SM Entertainment’s earnings release arrived amidst a brewing controversy over an investment in the company by its largest competitor, HYBE. In a deal finalized on Feb. 22, SM Entertainment founder Lee Soo Man sold a majority of his shares to HYBE in what SM Entertainment CFO Jang Cheol-hkuk called a “hostile takeover” that will “undermin[e] the diversity of the K-pop market.”
SM Entertainment’s vision for the company includes Korean entertainment and tech company Kakao, which announced on Feb. 9 it would acquire a 9.1% stake in SM Entertainment. As SM Entertainment laid out in a presentation released Feb. 22, Kakao’s technological capabilities could help SM Entertainment build a stronger line-up and upgrade online fan platforms. Kakao owns the music streaming service Melon.
In an open letter posted on social media on Tuesday, HYBE CEO Park Jiwon argued that together the companies have an opportunity to reach more fans and “stand shoulder-to-shoulder with the world’s major record labels.” HYBE believes it can help SM Entertainment artists in North America and prizes SM Entertainment’s infrastructure in China and Southeast Asia, regions where HYBE currently does little business.
A new lawsuit claims that an antique car dealer crossed his heart and hoped to die when he promised Adam Levine a classic Maserati — but then fraudulently sold a different vehicle.
In a complaint filed Friday in Los Angeles federal court, attorneys for Adam Levine’s so-called living trust claim that dealer Rick Cole convinced the group to trade two classic Ferraris in return for what the dealer claimed was a rare 1971 Maserati Ghibli 4.9 Liter Spyder, one of only 25 such cars ever produced.
But the lawsuit says it later turned out that there are “serious questions” about whether the Maserati (valued at $850,000) is authentic — and that Cole took “active steps” to conceal the red flags.
“It is now readily apparent that Cole was well aware that the vehicle is not the actual [Maserati], and that the vehicle has a substantial cloud over its identity, authenticity, and provenance, crippling its market value to a figure far less than that paid by the trust,” lawyers for Levine’s entity wrote. “Cole egregiously never disclosed any of this to the trust, withholding this information in order to make substantial monies on the sale.”
Cole did not return multiple requests for comment in response to the lawsuit’s allegations. A spokeswoman for Levine also did not immediately return a request for comment; neither did a lawyer for the Adam Levine Living Trust — a type of legal entity that controls assets for individuals and the named plaintiff in the lawsuit.
Cole’s website says he’s spent decades as an “Auctioneer to the Stars,” claiming he’s sold more than 20,000 cars and worked with Frank Sinatra, Robin Williams, Sylvester Stallone and Jay Leno. Levine is listed on the site among the other A-listers.
According to Friday’s lawsuit, Levine’s trust agreed with Cole in early 2021 to swap a 1972 Ferrari and a 1968 Ferrari, valued at a combined $950,000, in return for the Maserati and $100,000 in cash. But the trust’s attorneys say that when the rare car was later put up for resale, it was revealed that an identical Maserati with the same vehicle identification number existed elsewhere.
The lawsuit says that a deeper investigation then revealed big red flags, including that the disputed Maserati had been withdrawn from a 2015 auction over serious concerns about its authenticity, including incorrectly stamped markings on the chassis. And the trust’s lawyers say they believe that Cole subsequently tried to fix those defects, though he still left “giveaways” that the car was not authentic.
“This demonstrates that, after the questioning of the authenticity of the vehicle at [the 2015 auction], someone tried to make the vehicle appear authentic by reproducing or stamping a new chassis plate to make the writing seem more like that used by Maserati at the time, in an obvious attempt to convince a potential buyer,” the trust’s lawyers wrote. “Upon information and belief, it was Cole and/or his agents who made these changes.”
The lawsuit also claims that Cole “repeatedly discouraged” the resale of the case, since he “obviously feared that if the Trust marketed the Vehicle, it would eventually learn the truth concerning its lack of authenticity and corresponding decrease in market value.”
In technical terms, the trust is suing Cole for various forms of misrepresentation, breach of contract, and fraudulent concealment; it’s seeking a court order rescinding the sale of the vehicle, or an award of damages of at least $850,000.
Spotify announced a new listening feature that incorporates artificial intelligence technology on Wednesday (Feb. 22). Instead of clicking through an editorial playlist like Today’s Top Hits or an algorithmic one like Discovery Weekly, premium users in the U.S. and Canada can now turn to “DJ,” which supplements algorithmic recommendations with commentary about the selections delivered via an AI voice platform.
DJ “will sort through the latest music and look back at some of your old favorites — maybe even resurfacing that song you haven’t listened to for years,” Spotify wrote in a blog post. “It will then review what you might enjoy and deliver a stream of songs picked just for you. And what’s more, it constantly refreshes the lineup based on your feedback. If you’re not feeling the vibe, just tap the DJ button and it will switch it up.”
Sulinna Ong, Global Head of Editorial at Spotify, praised DJ as “a new and unique music experience” in a statement. “I’m personally so excited about DJ because we’re able to harness this power to tell an artist’s story, to be able to provide context around their work and their songs in a broader cultural arena like never before,” she added.
Spotify’s blog post also noted that “early tests” of DJ — the feature is still in beta mode — indicate “that when listeners hear that additional audio context alongside their music recommendations, they’re more willing to try something new and listen to a song they may have otherwise skipped.”
The streaming service said that technology from OpenAI, the company that also developed ChatGPT, helps furnish “insightful facts about the music, artists, or genres you’re listening to” — facts sourced in part from Spotify’s editorial team. The AI voice of DJ is based on that of Xavier “X” Jernigan, the platform’s head of cultural partnerships, who previously hosted a morning show podcast for the streaming service. Spotify announced that it acquired Sonantic, an AI voice platform, last June.
Generative artificial intelligence has become a red-hot topic in tech in recent months thanks to ChatGPT and new image generators like DALL-E 2. AI is already being incorporated by tech companies like BandLab and Boomy, which aim to make the barrier to artistic creation lower by providing aspiring acts access to AI-powered music-making tools.
Joel Zimmerman has joined the management, production and business development firm Range Media Partners, where he will serve as a partner in the music division, the company announced Wednesday (Feb. 22). In his new role at Range, which launched in 2020, Zimmerman will represent clients with a focus on long-term career strategy, creative development, cross-over positioning, branding, IP and global touring.
“I’m most passionate when I have a vision for an artist’s career path or see where a new market can be created, while having the right set of resources to not only ideate but bring it all to fruition,” said Zimmerman. “I believe the best and most forward-thinking cultural platform for music talent is at Range. The team’s ability to mobilize with very high-level resources, combined with a truly amazing company culture, makes for the best breeding ground to turn the biggest dreams into reality. I am so excited to be building at Range and to make a positive impact on the continuously evolving industry.”
Prior to joining Range, Zimmerman had a 13-year run at WME, where he helped break artists including Calvin Harris, Pharrell Williams, Steve Lacy, Avicii, Martin Garrix, Steve Aoki, Psy, Kygo, Swedish House Mafia and Deadmau5. Altogether, Zimmerman served as an architect of the U.S. electronic music boom of the early to mid-2010s, particularly as he developed the template for Las Vegas DJ residencies. During this same era, Zimmerman signed The Weeknd and helped guide the artist to superstar status.
“Joel has consistently managed to cut through the noise — and competition — by landing clients lucrative touring, club and festival deals, as well as crossing them into other entertainment arenas,” said Range Media Partners CEO Peter Micelli. “The result of his groundbreaking work has created new pathways and platforms that break future stars and legitimize new music genres.”
“We could not be more excited to welcome Joel to Range,” Micelli added. “He is the preeminent thought leader in the music industry and a true force of nature, with an inherent ability to identify talent and looming trends. We’re thrilled to add an executive and partner of his caliber to the company.”
Reservoir Media said Wednesday it acquired the publishing and recorded rights to the catalog of jazz living legend Sonny Rollins — aka “The Saxophone Colossus.”
A recipient of the Lifetime Achievement Award at the 2004 Grammys, Rollins is perhaps best known for his 1956 album Saxophone Colossus and its track, “St. Thomas,” which has been deemed “culturally, historically…significant” by the Library of Congress’ National Recording Registry.
A regular collaborator of other jazz giants Charlie Parker, John Coltrane, Thelonious Monk, Miles Davis and Dizzy Gillespie, among others, Rollins continued to release music, including his 2001 Grammy-winning album This is What I Do and 2006 Grammy-winning solo “Why Was I Born?”
“I’m happy that Reservoir will be helping to maintain my musical legacy, which was created in concert with so many great musicians I’m proud to be associated with,” Rollins said in a statement announcing the acquisition.
Terms of the deal were not disclosed, with Reservoir adding that it includes a “mix of rights across Sonny’s entire catalog.”
Rollins catalog is a body of work spanning more than 70 years of “musical innovation,” Rell Lafargue, Reservoir president and chief operating officer, said in a statement.
“I first learned of Sonny through his music, playing ‘St. Thomas’ as a young jazz student, and it’s incredibly meaningful that Reservoir and I can now commit to preserving Sonny’s musical legacy and amplifying his contributions to the artform for audiences old and new,” Lafargue said.
Brad Paisley has shifted labels, from his longtime home at Sony’s Arista Nashville, to EMI Records Nashville, under the Universal Music Group Nashville (UMGN) umbrella.
The move reunites Paisley with UMGN chairman/CEO Mike Dungan and president Cindy Mabe. Dungan was instrumental in signing Paisley to his first deal at Arista Nashville, while Mabe served as Paisley’s marketing point person through many of his early album cycles including Mud on the Tires and Time Well Wasted. He also joins a label group roster that includes several of his collaborators, including Carrie Underwood, with whom Paisley co-hosted the CMA Awards for more than a decade and together earned a No. 1 Country Airplay hit with “Remind Me” in 2011. He is also now labelmates with his “Start a Band” collaborator Keith Urban.
“There were two people that should get the credit that you even know my name – Mike Dungan and Cindy Mabe. I ran into Mike at the fishing department at Walmart after having met with several labels and he talked me into signing my first deal with Arista. They assigned this woman named Cindy Mabe to me – we graduated the same day at Belmont. I got to work with her on my first few albums and now I get to work with her at UMG,” Paisley said via a statement. “Cindy’s a genius and terrific human being. She heard what I was up to with the new music, and she pointed me further into the direction I was headed. I’ve never had this kind of enthusiasm and empowerment. She said, ‘Make music that matters.’ It’s an amazing thing to work with Mike and Cindy again. It’s great to know they believe in this music as much as I do.”
For more than two decades, Paisley’s razor-sharp songwriting, keen wit and dedication to country music have garnered him three Grammy Awards, 14 CMA Awards, 15 ACM Awards and more accolades. He was inducted as a member of the Grand Ole Opry in 2001. During his career, he’s posted nine albums at the pinnacle of Billboard’s top country albums chart, and earned nearly two dozen hits on the Country Airplay chart.
Paisley’s first UMG Nashville album is slated for later this year, while he will release a new song from the upcoming project on Feb. 24. Titled “Same Here,” Paisley wrote the song with Lee Thomas Miller and Dawes frontman Taylor Goldsmith, with production by Luke Wooten.
“Brad is a true creative. He has no boundaries to what he uses as his canvas. He has used his voice and his words as a gift to heal the world through his philanthropy, his song writing, his guitar playing, his entertaining, his music videos, his sense of humor and his heart,” Mabe said via a statement. “He has been a part of the country music duo with Carrie Underwood that helped define country music to the world. And getting to reunite with my friend and collaborator in his next creative adventure is something I’ve wanted for a long time. I cannot wait for him to share the music he has created with the world.”
Seeker Music has signed Australian-born songwriter, producer, DJ, and artist Kito to a publishing agreement. Known for her collaborations with artists like FLETCHER, Empress Of, Jorja Smith and more, Kito’s deal is one of the company’s first frontline signings.
Kito first became known as a DJ at the start of the 2010s, remixing songs like Beyonce’s “Run the World,” Saweetie and Doja Cat’s “Best Friend,” and MARINA’s “Venus Fly Trap.” Later on, as she developed her writing and production skills, Kito earned cuts with Mabel, BANKS, Tinashé and Jorja Smith and released her own EP Blossom, featuring Jeremih, ZHU and Terror Jr.
Seeker Music was founded in 2020 and quietly amassed a catalog of music IP over the next two years, including hits recorded by Run the Jewels, Christopher Cross, Ginuwine and more. The company is administered by Downtown and funded by London-based private equity firm M&G.
Seeker Music founder and CEO, Evan Bogart, told Billboard in a previous interview that his aim was always to become a multi-hyphenate music company, developing current songwriters and artists as well as building up a robust back catalog of songs, however, the company’s frontline efforts were hindered by the COVID-19 pandemic. “I invest with my heart before money,” the executive explained, adding that meeting talent over Zoom made it difficult to foster camaraderie with potential signees. Now that in-person meetings and writing sessions have resumed, Seeker has bolstered its frontline business, signing acts like Kito as well as Sofía Valdés (Warner Records), Katie Pearlman (Kelly Clarkson, Grace Potter, Sabrina Carpenter), Sweetsound (Jesse Baez, Snoop Dogg, Natanael Cano), and MNDR.
Kito noted that she opted to sign with Seeker for its “quality over quantity” approach to its roster and that Bogart is a songwriter himself. Best known for penning hits like “SOS” by Rihanna and “Halo” by Beyonce, Kito says of Bogart “I trust Evan because he understands what it’s like to write a song and bring it into the world. He’s also built himself as a songwriter ‘business,’ and worked with, and mentored, some of the greatest writers in the world. The whole team at Seeker really ‘gets’ the creative process and what’s important to music creators. I’m excited for this next chapter together and everything we’re cooking up for 2023 and beyond.”
Bogart says of the deal, “everyone wanted to sign Kito and I couldn’t be prouder that she chose Seeker to be her family. She’s insanely talented and she’s going to dominate music, and the music business, in the years to come.”
